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Expensive shopping: Massive price jump on April 1st - not only Aldi is now passing on costs to customers

2022-04-01T09:54:54.551Z


Expensive shopping: Massive price jump on April 1st - not only Aldi is now passing on costs to customers Created: 04/01/2022 11:43 am By: Anna Lorenz No April Fool's joke: shopping at Aldi is significantly more expensive from today. The discounter is drastically raising prices because of the war in Ukraine - will Lidl, Penny, Rewe and Co. follow soon? Munich - "At least my salary remains the s


Expensive shopping: Massive price jump on April 1st - not only Aldi is now passing on costs to customers

Created: 04/01/2022 11:43 am

By: Anna Lorenz

No April Fool's joke: shopping at Aldi is significantly more expensive from today.

The discounter is drastically raising prices because of the war in Ukraine - will Lidl, Penny, Rewe and Co. follow soon?

Munich - "At least my salary remains the same - for a bit of security".

This macabre saying comes to mind when you go shopping in this country from today (April 1st, 2022).

Aldi, both North and South, is raising prices at the beginning of the month - drastically.

Read here to what extent other discounters, supermarkets and drugstores are following this example.

April: Shopping is becoming significantly more expensive - retailers pass on massive additional costs to customers

As chip.de

reports, not only Aldi, but also other retailers are

noticeably tightening the price screw: there were also increases at Lidl, Penny and Netto.

But not only discounters are now charging significantly more for their products - supermarkets such as Kaufland, Rewe and Edeka have also changed the price tags of many goods to the detriment of customers.

The increase in costs applies to both food and non-food items.

Aldi, for example, is also making the razor blades of its own brand OMBIA more expensive by ten cents - basically only small price increases, but anyone who converts a rate of plus five percent to their entire purchase will notice that in future you will have to dig much deeper into your wallet.

Anyone who, according to the

futureplan.de

platform, has planned an average of 50 euros per person per week so far could get tight.

Rossmann and dm also charge surcharges on their goods and so the following applies: a number of things are becoming more expensive.

Expensive shopping: Aldi and Co. pass on additional costs to the prices - this is the reason for the massive increase in price

The background to the price increases at Aldi, Lidl, Rewe and many other retail chains in Germany are enormously increased costs - due to the Ukraine war.

The Leibniz Institute for Economic Research at the University of Munich e.

V., better known as the ifo Institute, has now announced that, according to an internal survey, various companies intend to increase prices by July 2022 - this would primarily affect goods in the consumer sector.

The economic research institute is expecting an inflation rate of 6.1 percent, the Federal Statistical Office is even forecasting a record level of 7.3 percent - which is also increasingly worrying politicians in this country.

However, the war in Ukraine not only leads to losses in wheat exports and major problems in the supply chains, some of which span the globe, but above all the already high energy prices have risen drastically since the beginning of the war.

Official figures from the BA show an increase of almost 40 percent compared to February 2022, which means that in Germany you had to shell out more for household energy and fuel - despite one or the other successful saving tip.

Aldi, Lidl, Rewe and Co.: Companies are very concerned about rising costs

And retailers are also suffering from this increase in prices, which the ifo Institute regards as a harbinger of stagflation.

According to Carsten Brzeski, Chief Economist at ING for Germany and Austria, “if energy and raw material prices remain high for a long time, and there may even be interruptions in the energy supply, an export-oriented economy that is heavily dependent on energy imports will suffer”.

As reported by the Association of German Chambers of Industry and Commerce, 90 percent of the 3,700 companies surveyed had already expressed great concern about the extreme increase in the necessary costs.

In this respect, it is not only hoped from a humanitarian point of view that the Ukraine war will soon come to an end - the latest development about an attacked oil depot will probably not have a positive effect on the world market from an economic point of view.

Source: merkur

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